12750 Centralia, Lakewood, California 90715, Lakewood, 90715 - 1 bed, 1 bath
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Lakewood, California 90715
This Condominium represents a High-Potential Investment Opportunity, listed at $479,900—positioned well above the $415,314 Fair Market Value by -15%. While the property is in Fair Condition Rating (4/10), it offers resort-style amenities including swimming pools, spas, and tennis courts. The unit features vaulted ceilings and a private courtyard, providing a functional layout for residents. Given the current pricing relative to market estimates, this property is best suited for Buy-and-Hold Investors or first-time buyers who prioritize community lifestyle over immediate equity gains.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12750 Centralia Subject | $479,900* List Price | 1 | 1 | 844 | $492 | - |
A 12121 Centralia Street 111 Sold | $375,000 | 1 | 1 | 731 | $513 | 0.8 mi |
B 12750 Centralia 76 Sold | $540,000 | 2 | 2 | 1,056 | $511 | 0.1 mi |
C 12141 Centralia Street 320 Sold | $495,000 | 3 | 2 | 1,110 | $446 | 0.8 mi |
D 12121 Centralia Street 302 Sold | $558,500 | 3 | 2 | 1,110 | $503 | 0.8 mi |
E 12121 Centralia Street Unit #206 Active | $449,000 List Price | 2 | 2 | 932 | $482 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the property is well-maintained and move-in ready but remains dated. The kitchen features older oak cabinetry and green tile countertops that appear to be over 20 years old, despite the addition of newer stainless steel appliances. While functional, the interior finishes and systems reflect the age of the building and would require modern updates to reach a higher classification.
The Lakewood Shores community offers an exceptional lifestyle with access to multiple swimming pools, spas, tennis courts, and scenic walking paths among tranquil ponds and streams.
The unit features soaring vaulted ceilings that enhance the sense of space, complemented by a versatile bonus area perfect for a home office and a large walk-in closet with built-ins.
A unique private courtyard entry provides a secluded outdoor retreat, while the dedicated outdoor laundry closet adds a level of convenience and privacy not often found in condo living.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1117, other record lot size in square feet = 347216. Living area discrepancy between mls listing and other public or private record. mls listing living area = 844, other record living area = 1056. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
The association fee of $465 per month is relatively high for a one-bedroom unit, which may impact overall affordability and the buyer's debt-to-income ratio.
With only one assigned covered parking space, the property may be less appealing to households with multiple vehicles or those requiring significant additional storage.
Welcome home to resort style living in the highly sought after Lakewood Shores community. This beautifully maintained 1 bedroom, 1 bath condo combines an open floor plan, soaring vaulted ceilings, abundant natural light, and a private courtyard entry to create a warm and inviting place to call home. Surrounded by tranquil ponds, lush landscaping, and mature trees, this peaceful community offers the perfect balance of serenity and convenience, just minutes from shopping, dining, parks, and major freeways. As you enter, you're welcomed by a charming private courtyard, an inviting outdoor retreat that's perfect for enjoying your morning coffee or relaxing with a good book, or unwinding after a long day beneath the open sky. Inside, the bright and airy living space is enhanced by those vaulted ceilings and natural light, creating an open, spacious feel throughout. The thoughtfully designed layout features warm wood laminate flooring and flows seamlessly through the kitchen and into the dining area, creating a comfortable setting for everyday living and entertaining. The kitchen offers generous cabinet storage, stainless steel appliances, tile countertops, tile flooring, and plenty of counter space, making it both practical and welcoming. Just off the living room is a versatile bonus area that can easily serve as a home office, reading nook, workstation, or additional sitting area, giving you flexibility to fit your lifestyle. The generous bedroom provides a peaceful retreat and includes a walk-in closet with built-in organizers, something buyers love to see. The bathroom features tile flooring, a tub and shower combination, and a spacious vanity with plenty of counter space. Additional conveniences include a private outdoor laundry closet with your own washer and dryer, One assigned covered parking space, and ample guest parking throughout the community. Residents of Lakewood Shores enjoy exceptional resort style amenities including sparkling swimming pools, relaxing spas, tennis courts, tranquil streams and scenic ponds, and lush mature landscaping that creates a serene, park-like environment, feeling like a retreat every day of the year. Whether you're a first-time buyer Looking to downsize or searching for a low maintenance home in one of Lakewood's most desirable communities, this beautifully maintained condo offers comfort, convenience, and a lifestyle you'll truly enjoy
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 844 | 1,058.5 |
| Lot Size | 1,117 | 53,303 |
| Price | $479.9K | $552.6K |
| Price per sq ft | $569 | $544 |
| Built year | 1978 | 1981 |
| HOA | $465.0 | $375 |
| Days on market | 5 | 71 |
Jul 17, 2026
$479,900
Initial Listing
Sep 24, 1999
$110,000
Public Record
May 30, 1997
$90,000
Public Record
Dec 26, 1996
$87,500
Public Record
Apr 25, 1996
$93,000
Public Record
Nov 8, 1994
$120,000
Public Record